Award

Payment managed network services

THRIVE HOMES LIMITED

This public procurement record has 1 release in its history.

Award

05 Jan 2026 at 12:13

Summary of the contracting process

Thrive Homes Limited has completed a procurement process for managed payment network services, awarding a contract valued at £10,000. The procurement falls under the services industry category, specifically focusing on financial consultancy and transaction processing. Thrive Homes, based in Hemel Hempstead, executed the procurement through a limited procedure, awarding the contract without prior publication of a call for competition, in line with a framework agreement from PfH Lot 1. The contract was signed on 1st January 2026 and is valid for one year, with an option to extend for an additional year. The services cover multiple regions across the UK, providing broad geographic reach.

This tender presents opportunities for businesses specialising in financial consultancy and network services. Companies like Access Paysuite Limited, which has secured the contract, demonstrate that firms with capacity in financial transaction processing are well-positioned to leverage such opportunities for growth. The direct award approach can streamline the procurement process, allowing businesses with robust service delivery capabilities across the UK to secure substantial contracts efficiently. The optional contract extension offers an added opportunity for sustained business engagement and growth in the managed payment service landscape.

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Notice Title

Payment managed network services

Notice Description

Thrive Homes is seeking an organisation to provide managed payment network services. This notice is confirmation of an award having been made based on a framework agreement and without competition.

Lot Information

Lot 1

Direct award via PfH Lot 1 - Multiple Network Managed Service FTS number 2023/S 000-022827. This contract is approximately PS10,000 and lasts 1 year with 1 optional 1 year extension.

Options: 1 optional 1 year extension

Procurement Information

Contract compliantly directly awarded via PfH Lot 1 - Multiple Network Managed Service FTS number 2023/S 000-022827.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05ff3e
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/000266-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66170000 - Financial consultancy, financial transaction processing and clearing-house services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£10,000 Under £100K

Notice Dates

Publication Date
5 Jan 20261 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
1 Jan 20261 months ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
THRIVE HOMES LIMITED
Contact Name
Jenny Johnson
Contact Email
procurement@thrivehomes.org.uk
Contact Phone
+44 8009173955

Buyer Location

Locality
HEMEL HEMPSTEAD
Postcode
HP3 9TD
Post Town
Hemel Hempstead
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH2 Bedfordshire and Hertfordshire
Small Region (ITL 3)
TLH27 South West Hertfordshire
Delivery Location
TLC North East (England), TLD North West (England), TLE Yorkshire and The Humber, TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLI London, TLJ South East (England), TLK South West (England)

Local Authority
Dacorum
Electoral Ward
Kings Langley
Westminster Constituency
South West Hertfordshire

Supplier Information

Number of Suppliers
1
Supplier Name

ACCESS PAYSUITE

Open Contracting Data Standard (OCDS)

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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